The Fair Share Report

15 Wester Rd

Harmony, NJ 08865

The town corrects for market drift once a year — but only on average. This report measures whether this house drifted with the herd or away from it.

Step 1 · Market value

≈ $273,913

Likely range $248,806 – $276,479, from 7 comparable Harmony sales in the past 18 months, at this home's 840 sq ft.

Step 2 · The Director's Ratio

58.37%

The state's official measure of how far Harmony assessments sit below market value — republished every October, applied town-wide. A $273,913 home should be assessed near $159,883.

Step 3 · Assessed value

$156,200

Set at the last town-wide revaluation and mostly frozen since. That's $3,683 below what the ratio math suggests (2.3%).

Step 4 · The tax rate — same for every Harmony home

$2.665 per $100 assessed

$1.402 Schools · 53% $0.938 County · 35% $0.325 Town · 12%

Step 5 · The bill

$4,163/yr
Public schools$2,190
Warren County$1,465
Town of Harmony$508
Harmony average$5,657

This home vs. every recent Harmony sale · assessed ÷ market

Town median 49.1%
This home · 57.0%

36%73%

A touch high — worth watching

This home's ratio sits above most of Harmony, but doesn't clear NJ's legal appeal line (67.13%).

The evidence · comparable sales (SR1A usable-sale records)

AddressSoldPriceSq ftRatio
390 MONTANA ROAD2025-11$400,0001,26047.2%
22 HARMONY STATION2025-12$285,00087433.2%
2770 BELVIDERE RD2025-05$335,0001,13141.5%
281 MARBLE HILL RD2025-06$250,0001,01663.9%
109 GARRISON RD.2026-06$460,0001,14242.0%
116 RIDGE RD.2025-12$329,8001,00249.1%
5 DECKER ROAD2026-06$408,3001,24841.9%

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Estimates from public records — NJ MOD-IV assessments, SR1A usable sales, and Treasury/DCA rate tables. Your house has a history. Write the next chapter on Plotline →